At Project Syndicate, Dank Rodrik talks about the need to update our thinking of capitalism in relation to labor, calling for a publicly managed venture capital system where the technology gains of modern capitalism can be realized while funneling some of the profits back to society. “Financial markets in the advanced economies provide risk capital …
Potential 70% Marginal Rate in Senate Bill
The Tax Policy Center breaks down the way certain pass-through entities will see a cliff. Aside from the bad economics of this kind of policy, this is another example of the GOP being unable to draft a clear piece of legislation that can be read without massive assumptions or outright lies.
Flow-Throughs Are the Answer
The Proskauer Tax Blog has a great write up on the potential effects of the House Bill. Aside from the great analysis of planning around these new rules, I want to highlight the lack of technical skill and competence that the GOP is throwing at these bills: “But the bills were drafted quickly…some of the …
Latest News on AL Senate Race
Rick Hasen talks about the latest desperate attempts for the GOP to attack democracy in AL at his Election Law Blog
Economics and Neoliberalism
Dani Rodrik talks about neoliberalism and the ways in which the field of economics needs to escape its grasp here: https://bostonreview.net/class-inequality/dani-rodrik-rescuing-economics-neoliberalism Conceptualizing laws, policies, economies using physical space is a great way to approach these kinds of abstract issues, and I think Rodrik hits a lot of interesting points of discussion with this kind of …
Accountants and Vinyl
Henry Rollins talks about accountants and what it means to invest in a recent article. “The point I am making is that I buy records because I medicate with music. It makes the day-to-day horror show of existence endurable. It’s like waking and baking but with a different stash.”
The Skies Are Green!
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